Q2 EPS Estimates for General Motors Lifted by Zacks Research

General Motors Company (NYSE:GM) (TSE:GMM.U) – Analysts at Zacks Research increased their Q2 2026 earnings per share estimates for shares of General Motors in a note issued to investors on Tuesday, May 12th. Zacks Research analyst Team now forecasts that the auto manufacturer will post earnings of $3.06 per share for the quarter, up from their prior forecast of $2.99. Zacks Research has a “Hold” rating on the stock. The consensus estimate for General Motors’ current full-year earnings is $12.77 per share. Zacks Research also issued estimates for General Motors’ Q3 2026 earnings at $3.02 EPS, Q4 2026 earnings at $2.85 EPS, Q1 2027 earnings at $2.86 EPS, Q2 2027 earnings at $3.16 EPS, Q3 2027 earnings at $3.37 EPS, Q4 2027 earnings at $3.12 EPS, FY2027 earnings at $12.51 EPS, Q1 2028 earnings at $2.77 EPS and FY2028 earnings at $12.33 EPS.

A number of other analysts have also recently commented on GM. Wolfe Research upgraded General Motors from a “peer perform” rating to an “outperform” rating and set a $96.00 price target for the company in a research report on Wednesday, March 25th. Citigroup increased their price target on General Motors from $105.00 to $108.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. HSBC boosted their price objective on General Motors from $48.00 to $75.00 and gave the company a “hold” rating in a report on Tuesday, January 13th. Jefferies Financial Group upped their price objective on shares of General Motors from $85.00 to $97.00 and gave the stock a “hold” rating in a research note on Monday, February 2nd. Finally, Wall Street Zen raised shares of General Motors from a “hold” rating to a “buy” rating in a research report on Saturday, May 2nd. One analyst has rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $94.65.

General Motors Trading Up 1.5%

General Motors stock opened at $76.44 on Wednesday. The company has a market capitalization of $68.93 billion, a price-to-earnings ratio of 30.82, a price-to-earnings-growth ratio of 0.38 and a beta of 1.29. The company has a current ratio of 1.15, a quick ratio of 0.99 and a debt-to-equity ratio of 1.41. General Motors has a 12 month low of $46.81 and a 12 month high of $87.62. The business’s fifty day simple moving average is $76.10 and its two-hundred day simple moving average is $77.27.

General Motors (NYSE:GM) (TSE:GMM.U) last announced its quarterly earnings data on Tuesday, April 28th. The auto manufacturer reported $3.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.61 by $1.09. The firm had revenue of $43.62 billion for the quarter, compared to analysts’ expectations of $43.51 billion. General Motors had a return on equity of 16.68% and a net margin of 1.38%.The company’s revenue for the quarter was down .9% compared to the same quarter last year. During the same period last year, the firm earned $2.78 earnings per share. General Motors has set its FY 2026 guidance at 10.620-12.620 EPS.

General Motors Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 18th. Stockholders of record on Friday, June 5th will be issued a dividend of $0.18 per share. The ex-dividend date is Friday, June 5th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 0.9%. General Motors’s dividend payout ratio (DPR) is currently 29.03%.

General Motors declared that its Board of Directors has approved a stock buyback plan on Tuesday, January 27th that allows the company to repurchase $6.00 billion in shares. This repurchase authorization allows the auto manufacturer to reacquire up to 8.1% of its shares through open market purchases. Shares repurchase plans are generally a sign that the company’s leadership believes its stock is undervalued.

Institutional Investors Weigh In On General Motors

Institutional investors and hedge funds have recently made changes to their positions in the stock. Norges Bank acquired a new stake in General Motors in the 4th quarter valued at approximately $918,724,000. Viking Global Investors LP boosted its position in shares of General Motors by 81.1% during the second quarter. Viking Global Investors LP now owns 13,018,874 shares of the auto manufacturer’s stock worth $640,659,000 after buying an additional 5,830,050 shares during the period. Life Cycle Investment Partners Ltd acquired a new stake in shares of General Motors in the fourth quarter valued at $309,380,000. Two Sigma Investments LP raised its holdings in shares of General Motors by 348.4% in the 3rd quarter. Two Sigma Investments LP now owns 3,549,170 shares of the auto manufacturer’s stock valued at $216,393,000 after buying an additional 2,757,695 shares during the period. Finally, SEB Asset Management AB acquired a new position in General Motors during the 1st quarter worth about $171,892,000. 92.67% of the stock is owned by hedge funds and other institutional investors.

General Motors News Summary

Here are the key news stories impacting General Motors this week:

• Positive Sentiment: Wedbush reaffirmed an Outperform rating on General Motors and set a $95 price target, suggesting analysts still see upside from current levels.
• Neutral Sentiment: GM’s AI-focused workforce shakeup could improve long-term productivity, but it also highlights the company’s ongoing reorganization and costs tied to the transition. GM just laid off hundreds of IT workers to hire those with stronger AI skills
• Neutral Sentiment: GM’s Ohio battery plant restart remains unsettled, leaving questions about the pace of EV manufacturing recovery. GM’s restart date at Ohio battery plant uncertain
• Negative Sentiment: GM faces a $12.75 million privacy settlement tied to allegations that it sold California driver data, adding legal and reputational risk. General Motors to pay out $12.75M after selling California driver data
• Negative Sentiment: Laid-off GM employees described abrupt terminations and an AI-related skills shift, underscoring restructuring uncertainty and worker disruption. Laid off GM employees describe ominous meeting, AI and severance

General Motors Company Profile

General Motors Company (NYSE: GM) is a global automotive manufacturer headquartered in Detroit, Michigan, that designs, builds and sells cars, trucks, crossovers and electric vehicles, and provides related parts and services. Founded in 1908, GM has long been one of the world’s largest automakers and has evolved into a multi-brand company whose primary marques include Chevrolet, GMC, Cadillac and Buick. Beyond vehicle manufacturing, GM’s operations encompass vehicle financing, connected services and advanced mobility initiatives.

GM develops and markets a broad portfolio of products and technologies, including internal-combustion and battery-electric vehicles, vehicle components and on-board connectivity services.